Sign up NOW for our award winning newsletter!  
 

Archive for the ‘Plays’ Category

Hot Stock Scan for Friday the 15th of August

Thursday, August 14th, 2008

Please sign up for these nightly alerts of trade ideas for the following day! Sign up HERE to receive these blog’s once a night via e-mail and never miss a potential move again!

OMRI returned $2 off the $20 break as anticipated, worth taking profits at these levels in my opinion risk/reward - From scan below HERE.

OMRI nearly a dollar of upside after the break of $20! This should gap test over $21 tomorrow in my opninon.

OMRI $20 break should suqeeze after some very nice consolidation within the past month, upside potential $1.50-2 on the break in my opinion.

TSYS volume steady, $8 needs to hold, if it can’t watch for the short back towards $7, if it squeezes out of open and fails $8.25 (today’s highs) I’ll take a starter position on the short side.

TSYS monitoring like crazy tomorrow, still bullish, it had a nice dip today but fully recovered which is a bullish sign and could cause a squeeze. I will post more tomorrow regarding this because I’ll probably trade it on weakness.

TSYS gapped up, held all gains today, would like to see the test nearing $8 once this shows weakness this may be a nice one back towards $6.75 or so

UPFC monitoring heavily for the short, watch for any gap and squeeze out of open, the spike probably a result of a decent quarter (I didn’t read it) but I’ll take my chances that 56% gains on Chief Credit Officer news is just momentum and a squeeze and won’t last. Hopefully it gives a .50 spike out of open to have better returns on the downside but if it can’t hold $4 its a safe bet.

After long consolidation this is starting to head off the bottom, it’s pharma play but starting to reverse “Indevus says bladder treatment gets US patent” can carry it, watch for support at $2, take a look at the 6 month chart and you’ll see why I’m interested, this dropped fast from $6 range on nearly 50 million + volume, so even if 10% of the volume comes back this could result in a nice squeeze towards $3+

UDW let the momentum and happiness subside, let it test $.30-$.35 and we’ll see where it ends up. It’s probably going to be a tough borrow, more so than a short I might watch for the bounce after it sells off for a day or two, if the third day starts off with a dip, I’ll take the chance and load up.

ABK with the recent momentum may test $6 but I doubt it breaks it, it’s up a lot after hours, watch for the test if it fails it should head back down from there, if it opens near where it after hours ($5.20) watch for it to lose $5 to short

Two plays below (MBI) and (RDN) are turning into some exceptional plays. MBI which I had originally covered HERE which I was so dead on I had to devote a post to just that, “Things that make you go Hmmmmmph” HERE held it’s $8 and squeezed past $10 today. This is a slow and gradual move and can test $12 before showing signs of weakness in my opinion.

MBI looks like a good reversal coming off the bottom, I’d watch for dips back towards the low 7’s, once support kicks in probably pick up a few for the test of $8, on the $8 break I’d probably add to it

RDN has held all gains basing again at $2.00 and is nearing in on a double. This should test $4 tomorrow if it can break past it with a bit of momentum it should squeeze, I’m looking to short on the squeeze but there is enough volume that I’ll wait for the weakness to kick in and join after.

RDN - 46% gains on Friday, this has been liquid since hitting bottom trading many times on average over 10 million shares. This could turn into a major short squeeze if it can hold Friday’s gains Monday.

Hot Stock Scan for Thursday the 14th August

Wednesday, August 13th, 2008

Not a TON on scan, more oil plays than anything…

MDII always been a good short after a few days on squeezing this has ran to $3 from these levels before, obviously pre dilution but can test $.70+ of momentum carries over, however one thing is for sure, it always meets gravity and goes right back to where it began - profitability is cool, but only if they can sustain it through next quarter

EDIT - REIS was a buyout - took off scan

Below I’ve copied a scan from a while back where for oil plays. These will all be good shorts as soon as their sympathy bounces cool off, they are all in bouncing range

MXC Mexco Energy Corp resistance around $30
MXC

PDO Pyramid Oil Co
PDO

TGC Tengasco Inc
TGC

NOG Northern Oil & Gas Inc Nev
NOG

KOG Kodiak Oil & Gas Corp
KOG

ROYL Royal Energy Inc
ROYL

SSN Samson Oil & Gas Ltd
SSN

FPP Fieldpoint Petroleum Corp - Watch for the squeeze over $4+ probably
FPP

Hot Stocks on Watch for Wednesday August 13th

Tuesday, August 12th, 2008

Please sign up for these nightly alerts of trade ideas for the following day! Sign up HERE to receive these blog’s once a night via e-mail and never miss a potential move again!

APII - from scan watch last night, have to be careful with this one, extremely thin. Watch for the test of today’s highs out of open tomorrow, it will probably try to squeeze out of open watch for the .30-.50 cent spike shorts were an easy borrow all day - may test $4 but heavily monitoring this for the short

USS watching for another short potential here, watch for the test of $4 if it falls I’ll probably jump on it back down .50 cents or towards $3.

GIGM an oldy but goody $13 break is a good buy IMO

OMRI $20 break should suqeeze after some very nice consolidation within the past month, upside potential $1.50-2 on the break in my opinion.

TSYS gapped up, held all gains today, would like to see the test nearing $8 once this shows weakness this may be a nice one back towards $6.75 or so

Stock Screens For Tuesday the 12th of August

Monday, August 11th, 2008

Please sign up for these nightly alerts of trade ideas for the following day! Sign up HERE to receive these blog’s once a night via e-mail and never miss a potential move again!

Recap from yesterdays scan here.

Airline stocks showing signs of resistance today

Three border line breakouts in order of how I like them

FCFS snaps the double top at $20, I’m a buyer and worth holding as long as it can maintain $20 +/- .10 support.

IRC a breakout over $15 (more likely $15.05 or so as a trigger price since its hit $15.03 a few times and sat back down) this should be an easy $1.00 upside on the break.

LZB momentum has to hold low $8 range, I’d watch for the dip to buy on and add on an $8.50 break

Short watch

VRAZ another sub-dollar stock watching for the gap and squeeze over $1.00 and will short on weakness.

APII careful with this one but putting it on watch, not ready for a short yet even if it tanks, its too thinly traded, rather I’d like to see a parabolic squeeze since there’s probably some shorts screwed as is stuck in the low volumeness. These are where some of the best squeezes begin.

LNG looks like a one dayer, watch for the gap, squeeze and crap back under $4, if it starts off strong remember watch for a $.50-$.75 spike before trying to guess the top, go in with partial size and add once weakness is confirmed. Looking back mid may if past can predict anything… it may have 2 days of a squeeze in it before it heads back to almost where it started furthermore, based on the intraday chart today this was a late day move, shorts got fried and will more than likely feel more pain out of the open.



TIMlinks Visit my profile on FeedTheBull.com